SUSTA INAB I L I TY STATEMENT The FY2022 Sustainability Statement of Ranhill Utilities Berhad (“Ranhill” or “the Group”) is a condensed narrative of the Group’s 7th standalone Sustainability Report (“SR2022”). SR2022 is available for download at: “https://ranhill.com.my/ sustainability/sustainability-reports/” The purpose of this statement is to provide a summarised but comprehensive account of Ranhill’s ongoing efforts in managing its Economic, Environmental and Social (“EES”) performance. Performance is measured against Key Performance Indicators (“KPIs’”) and targets, as well as outcomes created in reference to selected United Nations Sustainability Development Goals (“UNSDGs”). Information provided refers to Ranhill’s business operations and activities of the holding Company, Ranhill Utilities Berhad and all business divisions, major subsidiaries and operating companies. This statement covers the reporting period of 1 January 2022 to 31 December 2022 (“FY2022”). The following frameworks have been referenced either partially or fully in the development of Ranhill standalone SR2022. Ranhill has used the GRI principles of materiality to determine content SR2022. Materiality is determined based on the following criteria: • Topics that impact the Group’s value creation capabilities, including financial values • Topics that impact stakeholders • Topics that have high environmental and social impacts • A Materiality Assessment Exercise (“MAE”) was conducted in FY2022 to determine Ranhill’s most material topics. SUSTAINABILITY STATEMENT INTRODUCTION The journey to net zero carbon is to be driven based on the following: • Increased use of renewable energy (“RE”) to power water and energy operations • Greater use of low-carbon technologies to produce lower carbon for water and power operations • Performing Lifecycle Analysis on existing operational tools • Development of Greenhouse Gas (“GHG”) Baseline and Roadmap Sustainabi l i ty Sect ion 03 59 Annual Report 2022
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